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Start learning 50% faster. Sign in nowIn line with the document on Vision-2018 for Payment and Settlement Systems, the NEFT settlement cycle will be reduced from hourly batches to half hourly batches.Consequently, 11 additional settlement batches will be introduced at 8.30am onwards, taking the total number of half hourly settlement batches during the day to 23. The starting batch at 8am and closing batch at 7pm shall remain the same.
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